Work

A Linear Inverse Demand System

Year: 1992
Type: article
Abstract: We present an inverse demand that can be estimated in a linear form. The model is derived from a specification of the distance function which is parametrically similar to the cost function underlying the Almost Ideal Demand System. Simulation results suggest that this linear inverse demand system has good approximation properties.
Language: English
Open Access status: gold
OpenAlex ID: W1594008908
FWCI: 7.218
Cites: 17
Cited by: 65
Related to: 10